{"id":1345,"date":"2021-06-03T01:55:12","date_gmt":"2021-06-02T17:55:12","guid":{"rendered":"https:\/\/www.elitepartnerscapital.com\/?p=1345"},"modified":"2023-07-15T23:15:28","modified_gmt":"2023-07-15T15:15:28","slug":"elite-partners-capital-have-acquired-a-portfolio-of-five-government-let-assets-from-mapeley-steps-limited","status":"publish","type":"post","link":"https:\/\/www.elitepartnerscapital.com\/elite-partners-capital-have-acquired-a-portfolio-of-five-government-let-assets-from-mapeley-steps-limited\/","title":{"rendered":"Elite Partners Capital have acquired a portfolio of five Government let assets from Mapeley STEPS Limited."},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1345\" class=\"elementor elementor-1345\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-40bbc116 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"40bbc116\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-750bbd7\" data-id=\"750bbd7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f2aed6a elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"f2aed6a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><!-- wp:image {\"id\":1346,\"align\":\"center\"} --><\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-1346\" src=\"https:\/\/www.elitepartnerscapital.com\/wp-content\/uploads\/2021\/06\/Elite-Partners-Capital-have-acquired-a-portfolio-of-five-Government-let-assets-from-Mapeley-STEPS-Limited.-The-purchase-is-the-latest-acquisition-for-Elite\u2019s-UK-Commercial-Fund-III.-1024x690.png\" alt=\"\" width=\"1200\" height=\"808\" srcset=\"https:\/\/www.elitepartnerscapital.com\/wp-content\/uploads\/2021\/06\/Elite-Partners-Capital-have-acquired-a-portfolio-of-five-Government-let-assets-from-Mapeley-STEPS-Limited.-The-purchase-is-the-latest-acquisition-for-Elite\u2019s-UK-Commercial-Fund-III.-1024x690.png 1024w, https:\/\/www.elitepartnerscapital.com\/wp-content\/uploads\/2021\/06\/Elite-Partners-Capital-have-acquired-a-portfolio-of-five-Government-let-assets-from-Mapeley-STEPS-Limited.-The-purchase-is-the-latest-acquisition-for-Elite\u2019s-UK-Commercial-Fund-III.-300x202.png 300w, https:\/\/www.elitepartnerscapital.com\/wp-content\/uploads\/2021\/06\/Elite-Partners-Capital-have-acquired-a-portfolio-of-five-Government-let-assets-from-Mapeley-STEPS-Limited.-The-purchase-is-the-latest-acquisition-for-Elite\u2019s-UK-Commercial-Fund-III.-768x517.png 768w, https:\/\/www.elitepartnerscapital.com\/wp-content\/uploads\/2021\/06\/Elite-Partners-Capital-have-acquired-a-portfolio-of-five-Government-let-assets-from-Mapeley-STEPS-Limited.-The-purchase-is-the-latest-acquisition-for-Elite\u2019s-UK-Commercial-Fund-III..png 1378w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>\n<p>Queensway House, East Kilbride. (CoStar)<\/p>\n<figcaption>\n<p><strong>Singapore, 3 June 2021 &#8211;<\/strong> Elite Partners Capital have acquired a portfolio of five Government let assets from Mapeley STEPS Limited. The purchase is the latest acquisition for Elite\u2019s UK Commercial Fund III.<\/p>\n<\/figcaption>\n<\/figure>\n<\/div>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>The assets are located in East Kilbride, Dover, Felixstowe, St Austell and Scarborough, and benefit from new leases granted to various UK Government departments.<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:list --><\/p>\n<ul>\n<li>Priory Court, Dover and Custom House, Felixstowe are occupied by the Home Office\/Border Force and are secure operational assets which are strategically located close to port facilities.<\/li>\n<li>Penhaligon House, St Austell and Albion House, Scarborough are occupied by the Department for Work and Pensions as part of their operational network.<\/li>\n<li>Queensway House, East Kilbride is occupied by HMRC.<\/li>\n<\/ul>\n<p><!-- \/wp:list --><!-- wp:paragraph --><\/p>\n<p>The portfolio has a passing rent of c. \u00a32.1m p.a. and totals c. 400,000 sq. ft. of space.<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>Colliers acted for Elite Partners Capital with Allsop acting for Mapeley STEPS Limited<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>Victor Song, CEO of Elite Partners Capital said: \u201cWe are pleased to have worked with Mapeley on this off-market transaction to grow our UK Commercial Fund III. Our track record of delivery in this sector was an important factor in our securing these assets, which offer a strong income profile and further diversify our portfolio\u2019s geographic and occupier mix.\u201d<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>Martin Taylor Head of Investment at Mapeley said: \u201cWe are pleased to have concluded this sale with Elite which follows on from successful lease renewals with our Government clients.<\/p>\n<p>\u00a0<\/p>\n<p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The assets are located in East Kilbride, Dover, Felixstowe, St Austell and Scarborough, and benefit from new leases granted to...... <a href=\"https:\/\/www.elitepartnerscapital.com\/elite-partners-capital-have-acquired-a-portfolio-of-five-government-let-assets-from-mapeley-steps-limited\/\" class=\"read-more-link\" style=\"white-space: nowrap; font-weight: 700;\">Read more \u00bb<\/a><\/p>","protected":false},"author":4,"featured_media":1346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elite Partners Capital have acquired a portfolio of five Government let assets from Mapeley STEPS Limited. - Elite Partners Capital<\/title>\n<meta name=\"description\" content=\"Elite Partners Capital have acquired a portfolio of five Government let assets from Mapeley STEPS Limited. 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